Ethiopia has qualified for disbursement of $261 million in financing from the International Monetary Fund (IMF) to meet its fiscal and balance of payments needs, under a four-year $3.4 billion Extended Credit Facility (ECF) approved in July 2024.
The fund’s executive board completed its fourth review of Ethiopia’s macroeconomic performance under the programme, clearing the release of SDR 191.7 million ($261 million). This brings total IMF disbursements under the programme to $2.18 billion.
